Checked
ZIP Code 19047 Income and Tax Statistics
Langhorne, PA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 17,500
- 31,630 people on returns
- Average adjusted gross income
- $113,923
- Pennsylvania $88,330
- Average salaries and wages
- $96,691
- Returns with wages
- Average income tax
- $20,227
- Pennsylvania $16,093
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9993,67021.0%
- $25,000 to $49,9992,87016.4%
- $50,000 to $74,9992,44013.9%
- $75,000 to $99,9991,87010.7%
- $100,000 to $199,9994,37025.0%
- $200,000 or more2,28013.0%
Income, credits and taxes in 19047
Returns that reported each item, the total amount and the average for those returns
Swipe the table sideways to see more columns.
| Item | Returns | Share of returns | Total | Average |
|---|---|---|---|---|
| Salaries and wages | 13,480 | 77.0% | $1.3B | $96,691 |
| Business or professional income | 2,500 | 14.3% | $61.69M | $24,675 |
| Net capital gains | 4,960 | 28.3% | $94.17M | $18,985 |
| Taxable pensions and annuities | 4,640 | 26.5% | $157M | $33,899 |
| Taxable Social Security benefits | 4,290 | 24.5% | $99.15M | $23,113 |
| Itemized deductions | 2,000 | 11.4% | $73.41M | $36,703 |
| Earned income tax credit | 1,090 | 6.2% | $2.09M | $1,917 |
| Refundable child tax credit | 690 | 3.9% | $1.28M | $1,852 |
| Income tax after credits | 14,190 | 81.1% | $287M | $20,227 |
| Refunds | 11,400 | 65.1% | $36.28M | $3,182 |
Frequently asked questions
- What is the average income in ZIP code 19047?
- For tax year 2022, the average adjusted gross income on the 17,500 individual tax returns filed in 19047 was $113,923, compared with $88,330 for Pennsylvania.
- How many people in 19047 get the earned income tax credit?
- 1,090 returns in 19047 (6.2%) claimed the earned income tax credit for tax year 2022.
- Why might these numbers differ from Census income figures?
- IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.
Source: Internal Revenue Service, Statistics of Income · Tax year 2022